Morgan Stanley: CCB (00939) Expected to Experience Significant Price Increase in Next 60 Days, Target Price HKD 9.5

Stock News
2025/10/22

According to reports, Morgan Stanley has stated that it believes the price of CCB (00939) will show significant appreciation within the next 60 days. The bank estimates the probability of this scenario to be approximately 70% to 80% (i.e., "very likely"). The stock is rated as "Overweight" with a target price of HKD 9.5. Morgan Stanley anticipates that seasonal inflows will support the bank's stock prices, with potential for more upside before the end of the year. Moderate yet stable credit demand is expected to stabilize financial asset yields and the bank's net interest margin, supporting revenue and profit growth in the coming quarters. The third quarter of this year may see another positive profit growth period for CCB, attributed to a continued rebound in fee income and a reduction in the narrowing of net interest margins. Morgan Stanley identifies attractive return opportunities for CCB, which has a dividend yield of 5.8%.

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